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/biz/ - Business & Finance

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File: 109 KB, 620x434, usury-cartoon-rj-matson-st-louis-post-dispatch-jan-12-2012.jpg [View same] [iqdb] [saucenao] [google]
11875129 No.11875129 [Reply] [Original]

When did it become okay to charge 40k a year for professional school?

When did it become okay for lenders to make double the value of a house on a mortgage?

This has to be unsustainable and we are at critical mass. (((They))) know this.

>> No.11875160

>>11875129
Professional school? Shit that's what a lot of ungrad year cost.

The government backs the loans, kids can't default, and the lenders get easiest money on the planet cuz "everyone needs to go to college or else you're a loser." Line hook and sinker. Same as it ever was

>> No.11875185

2008
>Oi, let's give this low income family money to "buy" a home with an ARM
2014-2018
>Oi, let's give this kid a loan for college who shouldn't be going to 4 year undergrad anyway

>> No.11875247

>>11875129
Who can understand such a convoluted cartoon.

>> No.11875259

>burgers are too stupid to study in a foreign country for a quarter of the cost
l e l

>> No.11875274
File: 93 KB, 640x433, dod_education.png [View same] [iqdb] [saucenao] [google]
11875274

Can we just ban dropouts and brainlets who couldn't get in from this board?

The average college grad earns roughly double non college grad. FACT

The average student debt is 37k and paid off by extra earnings in 1-2 years. FACT

Including loss of earnings while studying it pays off in about 7 years max, after which you have double earnings. FACT

>> No.11875305

>>11875274
The FACT is that your graphs are nice but missing the point entirely. The point is loans are carried by dropouts and low income students. The loans given to them are predatory in light of the poor outcome of for profit universities or the higher odds of these kids dropping out.

The strawman argument you put up with your capital letters would fool most people though.

>> No.11875316

>>11875129
Don't buy if it's too expensive.

>> No.11875351

>>11875305
dropouts shouldn't even have gone, it's their own fault.

Poor people get scholarships (I was one)

>> No.11875435

Be happy it's just that in the US. Where I live you're lucky if you end up paying double the amount of a loan, the average is 300-400%.

>> No.11876127

>>11875129
why does the jews look so strange?

>> No.11876152

>>11875129
I agree. Kill them all, I say.